(12-17-2023, 12:27 AM)Square Wrote: Also wondering which projects will start in 2024. This is a continuation of my last post in the 88 Queen Street thread. On one of the council meetings I heard VIVE say they usually start construction 1 year after getting approved. So this project should start in April 2024. Now I think about it, didn't the project at 926 KIng and Dane street get approved like 3 or more years ago? Edit: OLT gave the green light on January 12, 2022, so will be 2 years now with nothing going on. So Litt is fibbing, Lol
Vive is currently working on their project at 3241 King St E as well as finishing work at the Victoria/Margaret project, the 3241 King site is by far their largest project to date, it's their first highrise project. At the 3241 site they've recently started installing precast so realistically it will be topped out next year and onto interior finishings.
The 926 King St E site has been stuck in the permitting process for months now, generally that means the city has an issue with some portion of the plans. A few months ago a permit showed up for the foundation/shoring/site servicing so there is progress albeit slowly.
Then the only other project that shows signs of life from Vive is this one with the site plan being submitted (the city has 120 days to approve it), then it's onto permits.
Even in terms of other projects there really isn't much expected to start next year, the only real hope in terms of condos are Q Condos and Station Park D if they manage to sell enough. In terms of rentals we might see some of the Vive projects start to move or maybe Auburn might start working on The Metz. Then there's whatever IN8 is doing with 88 Queen, they have applied for permits but haven't started sales which is very odd from them. Other than those projects unless something drastically changes in the economy 2024 will be a very slow year in terms of construction starts, 2025/2026 is definitely looking like the next major wave of construction starts for Kitchener though.